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Thursday
21
Nov 2024
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Budget: Measures and support for workers, pensioners, households and businesses

Permanent tax cuts, wage and pension increases of €1.1 billion

Hatzidakis: We have made more than 60 tax cuts – 12 more included in the 2025 budget

We are emphasizing the reduction of direct taxes that goes directly into the pockets of taxpayers - We will resolutely safeguard progress and go even further, the Finance Minister said

Tax Office: New out-of-court settlement procedure begins today – Who gets up to a 50% reduction in fines

"Pay and save" half the tax office fine - Fine reductions range from 25% to 50%

Tax returns: Deadline until tomorrow, Friday – 3% deduction extended

"Emptying the hourglass" for their submission

Tax Returns: Key Points and Fine Print of the Extension

Extended Deadlines for Initial and Amended Declarations

We spend half of each year working to pay our annual taxes

According to KEFIM's research, the 175 working days required to meet tax obligations in 2024 represent the lowest tax burden in the past decade

Greece: The first fines for taxpayers with incomes below €10,000 & expenses up to €300,000

How they caught them

Elon Musk responds to Biden’s “pay your fair share” tax tweet

“I paid more income tax than anyone ever in the history of Earth”

Greek public debt eased to 331.063 billion euros in Q4 2019

Income and property taxes totaled 4.57 billion euros (17.9 pct of total revenue), down from 4.985 billion euros (19.1 pct) in the fourth quarter of 2018

We will “react as one”, EU tells US over French digital tax dispute

The European side should submit its comments by 6 January and a hearing on this case will take place the following day in the US Congress

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